Overpaid by previous agent

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Old Greg replied

6 June 2018, 06:27
Originally posted by MrButton View Post

Would you even need a credit note if the invoice was correct? I get the impression this is the case.

If the op did invoice too much then yes I think a credit note is needed.

OP - Ask your accountant.

Yes that sounds right. Years since I did one of these.
Leave a comment:
MrButton replied

5 June 2018, 21:57
Originally posted by Old Greg View Post

And do something with a credit note IIRC.

Would you even need a credit note if the invoice was correct? I get the impression this is the case.

If the op did invoice too much then yes I think a credit note is needed.

OP - Ask your accountant.
Leave a comment:
Old Greg replied

5 June 2018, 20:39
Originally posted by MrButton View Post

Then do not pay them any VAT just pay the amount they overpaid.

Did you not notice they overpaid your invoice when you reconciled your accounts?

And do something with a credit note IIRC.
Leave a comment:
MrButton replied

5 June 2018, 20:16
Originally posted by mayamiko View Post

No I am not VAT registered. I didn’t include VAT on my invoices

Then do not pay them any VAT just pay the amount they overpaid.

Did you not notice they overpaid your invoice when you reconciled your accounts?
Leave a comment:
mayamiko replied

5 June 2018, 18:39
Originally posted by SueEllen View Post

Are you VAT registered?

Regardless work out how much they overpaid you and pay them back including any VAT if you are VAT registered.

Legally if you think an invoice is wrong you calculate the amount owed , pay it and show why their invoice was wrong.

No I am not VAT registered. I didn’t include VAT on my invoices
Leave a comment:
SueEllen replied

5 June 2018, 18:22
Are you VAT registered?

Regardless work out how much they overpaid you and pay them back including any VAT if you are VAT registered.

Legally if you think an invoice is wrong you calculate the amount owed , pay it and show why their invoice was wrong.
Leave a comment:
mayamiko started a topic Overpaid by previous agent

5 June 2018, 16:14
Overpaid by previous agent

I have just received notification from a previous agency that I have been overpaid. The invoice that was overpaid did not include VAT but in their invoice requesting funds they have added VAT. Is this correct?

Thanks
Tags: overpayment